Established Member
Posts: 23
Registered: ‎07-09-2012

First Fico Score Questions

Hey guys, I opened up my first EVER credit card on May 1st, I've had no other credit history besides a few inquiries before this, no lates, no other trade lines what so ever, so the beginning of my credit life was on May 1st, right?


I've read, that once you open your first trade line, it takes 6 months before it reports and you are given a FICO score, is this true? Question 1.


Will that 6 months (or other time frame) be from the date I opened the card (May 1st), or 6 months after my first statement (June 13th)? Question 2.


Other info that may help answer my question,

My card is a Capital One Secured with a 1,000 dollar limit, I've never been late and have no other possible negatives.


Your help is greatly appreciated, thank you.


Begin building credit with a clean slate 5/1/12!

Capital One Secured $400 limit
BOFA Secured $300 limit
PSECU Visa $2000 limit
Posts: 12,952
Registered: ‎04-15-2011

Re: First Fico Score Questions

6 months of reporting of the new TL is the usual rule.  Sometimes a little earlier.  

Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Established Contributor
Posts: 760
Registered: ‎02-11-2012

Re: First Fico Score Questions

It will begin reporting soon, usually after the first statement. However, some cc companies report when a new trade line is opened or becomes active. It will take about six months before the system can generate you a FICO Score if you do not have enough file information at this time.

Starting scores 01/02/2012 EQ 707(Fico) TU 733(Fico) EXP 735 (FAKO)
Updated scores 06/01/2014 EQ 797(Fico) TU 768(Fico) EXP 769 (Fico), EQ 849 (Next Gen 5/27/14 Penfed)

Remember the Three P's: Pay early in Full, Pay on Time, Patience

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+